Yes thats possible. Call Chris at CK Performance he has a set-up to replace the vaccum modulator without having to go to a manual valve body. He sent me one with a modified valve body. I never installed it as I ended up taking the 350 out.
I ran the 350 briefly by using a check valve and a tee. I put a small hole in a short plugged line coming of the tee to bleed the vacuum slowly. Forgot what size hole, had to play with it a bit to get it right. Worked good like that, though it just didn't seem like quite the right way to do it. Wish I could give you a more intelligent answer as to how the new parts work.
Rick